The Graveyard › Banks › 1985
Princeton State Bank
Princeton, MO · failed December 19, 1985 · FDIC certificate 8299
Princeton State Bank of Princeton, MO failed on December 19, 1985. It opened in 1930, 55 years before. At its last report before that it held $18.4 million in assets and $16.8 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $5.8 million on it.
1984-031985-09
Assets at the end$18.4 millionlast report before December 19, 1985
Deposits at the end$16.8 million
Estimated loss to the fund$5.8 millionFDIC
Equity to assets-0.8%September 30, 1985
Loans not being repaid5.8%noncurrent, September 30, 1985
Return on assets-10.13%a year's rate, September 30, 1985
Staff12full time, September 30, 1985
Also ended in 1985
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- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.